CCC Intelligent Solutions Holdings (FRA:0B1) ROCE % : 1.61% (As of Mar. 2024)

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What is CCC Intelligent Solutions Holdings ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. CCC Intelligent Solutions Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.61%.

CCC Intelligent Solutions Holdings ROCE % Historical Data

The historical data trend for CCC Intelligent Solutions Holdings's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CCC Intelligent Solutions Holdings ROCE % Chart

CCC Intelligent Solutions Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

1.81

-7.26

2.91

-0.68

CCC Intelligent Solutions Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial											1.89	-10.66	-0.60	7.03	1.61

CCC Intelligent Solutions Holdings ROCE % Calculation

CCC Intelligent Solutions Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-19.229	/	( ( (3163.269 - 143.077)	+	(2797.804 - 140.216) )	/ 2 )
	=	-19.229	/	( (3020.192	+	2657.588)	/ 2 )
	=	-19.229	/	2838.89
	=	-0.68 %

CCC Intelligent Solutions Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	42.756	/	( ( (2797.804 - 140.216)	+	(2781.767 - 124.978) )	/ 2 )
	=	42.756	/	( ( 2657.588	+	2656.789 )	/ 2 )
	=	42.756	/	2657.1885
	=	1.61 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

CCC Intelligent Solutions Holdings (FRA:0B1) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

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CCC Intelligent Solutions Holdings (FRA:0B1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CCC Intelligent Solutions Holdings Inc (FRA:0B1) » Definitions » ROCE %

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Traded in Other Exchanges

CCCS:USA

Address

167 North Green Street, 9th Floor, Chicago, IL, USA, 60607

Website

https://www.cccis.com

CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. The company has its presence in United States and China. Majority of the revenue is generated from United States.

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